"We see the umbrella market moving to more of a China 'factory direct' business model, so I sold this division," said Ken Harbaugh, majority shareholder of Southern Sales. " Some of the people moving over to the new company have been longtime associates with our company, and I wish them all the best. They know that I am available to help them at any time.”

Winchester, Va.-based Trex Co. expanded its original September 2010 licensing agreement with Syracuse, Ind.-based Poly-Wood to develop and market additional categories of outdoor living furniture.

Under the expanded agreement, the Trex Outdoor Furniture collection will grow to include porch swings, rockers and benches along with retractable patio and deck shade umbrellas. All new designs will combine style, comfort and durability and will complement low-maintenance and eco-friendly Trex outdoor living spaces.